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Up to 1.5 billion cyberattacks occurred globally last year, according to the cybersecurity firm Kaspersky, as outdated systems and a shift to remote work during the pandemic created new opportunities for hackers. A single data breach costs a company an average of $3.92 million, according to...
Mirae Asset Management’s focused cyber security offering provides risk exposure to a growing trend – cybercrime. The Internet’s revolutionary impact on all aspects of society has with it transformed the face of crime – pushing it into the digital space. ...
In recent weeks, we've seen GDP expectations for the start of 2021 drift lower as the pandemic has once again presented a headwind to the economy and efforts to contain it have expanded. We also continue to think consensus expectations run the risk of an economic and earnings speed bu...
HACK is one of several ETFs focused on the cybersecurity industry. 1-Year performance is the lowest among the major cybersecurity ETFs, primarily due to the large number of holdings and AUM. Fund operator ETFMG has settled a long-lasting feud with Nasdaq, leading to uncertainty fo...
Spending on cybersecurity is likely to surge in coming years. The First Trust NASDAQ Cybersecurity ETF is likely to benefit. It takes a more concentrated investment approach to investing in the sector than comparable ETFs. So far, it is paying off. The main risk to investing ...
A second round of stimulus remains elusive but major stock indexes still managed to gain this week. The Nasdaq (COMP) added 2.8% while the S&P 500 (SP500) was up 1.5% and Dow Industrials (DIA) gained 1%. Positive news on coronavirus vaccines buoyed markets early in the week before initial...
SolarWinds ([[SWI]], -15.5%) shares are slumping premarket after a cyberattack of U.S. government facilities and a government directive to power down its Orion platform.Suspected Russian hackers broke into networks of federal agencies, starting with the Treasury Department and the Commer...
The premarket drop in FireEye ([[FEYE]], -10%) is a big pothole in the recent trajectory of the stock. But it looks like the broader cybersecurity sector can keep its upward path from a technical perspective.FireEye disclosed late yesterday a security breach and theft of Red Team tools i...
The stock price performance of CRWD has been one of the strongest outperformed in the software industry year to date. We belive that the company is well-positioned to capture the rapid growth of cloud security market over the next couple of years. The stock price might face short-...
Coronavirus infections are rising exponentially and if the cases continue on their trajectory, there could be more lockdowns more restrictions on activities. ETFs such as ETFMG Prime Cyber Security ETF (HACK), ProShares Online Retail ETF (ONLN), and Direxion Work From Home ETF (WFH) have gain...
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2024-05-06 12:24:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
Microsoft Corp. (NASDAQ:MSFT) is undergoing a comprehensive overhaul of its security practices in response to a series of high-profile attacks. CE...
On Monday, critics of Broadcom Inc (NASDAQ:AVGO) dismissed the U.S. chipmaker’s revisions to its cloud licensing practices, arguing...